Verity Asset Management Inc. trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 21,635 shares of the company’s stock after selling 1,018 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.0% of Verity Asset Management Inc.’s holdings, making the stock its 7th biggest holding. Verity Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,791,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in RSP. SJS Investment Consulting Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the last quarter. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. GHP Investment Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %
Shares of RSP stock opened at $180.25 on Tuesday. The company has a market cap of $60.37 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.13 and a 12-month high of $188.16. The business’s fifty day simple moving average is $180.27 and its 200-day simple moving average is $177.18.
Invesco S&P 500 Equal Weight ETF Profile
Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).
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